Cost of Living in Henderson, WV
Population: 172 | West Virginia
Henderson is 18% less expensive than the national average.
Cost of Living in Henderson, WV: What You Need to Know
With a cost of living index of 82, Henderson, WV is a very affordable place to live. Living here is 18% cheaper than the national average and 8% above the West Virginia state average of 73. Henderson is a small community of 172 residents.
The median household income in Henderson is $34,375, which is 54% lower than the national median of $75,149. Residents spend roughly 29% of household income on rent. This is near the 30% threshold that financial experts generally consider the upper limit of affordability. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.
Climate is another factor for anyone considering a move to Henderson. The area sees an average annual temperature of 56.5°F, with summers averaging 75°F and winters around 37°F. Annual rainfall totals 45.1 inches spread over roughly 142 days.
Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.
Income
- Median Household Income
- $34,375
- vs US Median ($75,149)
- -54%
Housing
- Median Rent
- $831/mo
- Median Monthly Housing Cost
- $495/mo
Climate in Henderson
NOAA 30-year normals (1991-2020)
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 43 | 47 | 57 | 69 | 76 | 83 | 86 | 86 | 80 | 69 | 57 | 47 |
| Avg °F | 35 | 38 | 46 | 57 | 65 | 73 | 76 | 75 | 69 | 57 | 47 | 39 |
| Low °F | 26 | 29 | 36 | 46 | 54 | 62 | 66 | 65 | 58 | 46 | 37 | 30 |
| Rain" | 3.1 | 3.4 | 4.2 | 3.9 | 4.5 | 4.2 | 5.1 | 4.0 | 3.2 | 3.0 | 3.1 | 3.6 |